Boeing will invest C$240 million ($175.9 million) in Quebec's new aerospace innovation zone in the Montreal region. It is part of its industrial and technological commitment to Canada for selecting Boeing's P-8A Poseidon as its future maritime patrol aircraft. The investment includes funding for a state-of-the-art aerospace development centre and strategic investments in two Montreal-based industry companies, Heroux-Devtek and Wisk.
""With this important investment, Boeing is helping to strengthen Canada's position as a global aerospace supply chain leader, driving innovation and creating high-quality jobs for Canadian workers,"" said Canada's minister of innovation, science and industry Francois-Philippe Champagne.
This Boeing investment in Quebec builds on more than C$2bn ($1.5bn) in P-8 contracts with Canadian companies to date.